Please note: This position will start on or around January 2, 2021.
The Finance Professional 3 in Grants and Research position is the primary accountant for a variety of sponsored projects in the School of Dentistry. The position is responsible for administering the financial and budgeting requirements for sponsored federal and non-federal research grants and contracts including NIH R01, R03, R21 awards, subcontracts, fixed-price industry contracts, and cost-reimbursable foundation awards. This position is responsible assessing the risk of financial transactions and for ensuring the financial success of assigned sponsored programs.
Provide primary accounting support for entire life-cycle of assigned sponsored projects. Analyze and identify projected budget and revenue shortfalls, personnel commitments, pending fixed-price transfers, and other grant related issues. Advise principal investigators (PI) regarding issues, explain financial policies and recommend solutions to problems. Complete budget revisions for reduced awards. Research and gather data for faculty needing bridge support and impact of personnel layoffs. Coordinate close-out of projects.
Coordinate with PI and staff, submission of sponsored applications to SPA by deadlines. Complete budgets and other sponsoring agency forms for proposals. Prepare and process Proposal Routing Forms.
Assist with processing financial documents ensuring compliance with policies. Process HRMS payroll distributions and historical salary corrections.
Audit subcontract expenditures and approve invoices.
Forecast annual direct and indirect expenditures; project annual academic salary savings. Prepare grant financial status reports including award amounts, transfers, carry-over, expenditures, personnel detail and projected commitments for PIs.
Reconcile and maintain University general ledger ensuring that financial transactions meet all university, federal and sponsor guidelines. Investigate discrepancies and correct. Process journal entries and rebudget between expenditure categories. Maintain collegiate files for project awards with supporting documentation and grant correspondence.
Assist with Effort Certification of faculty and staff ensuring correct effort expenditure, including mandatory cost-sharing. Assist lead effort coordinator with timely completion of semi-annual certification process.
Serve as liaison with the University’s Sponsored Projects Administration (SPA) and Sponsored Financial Reporting (SFR) in meeting policy guidelines and procedures for grant applications and awarded projects. Audit and recommend changes to SFR’s grant year-end reports. Reconcile SFR prepared agency invoices.
The University of Minnesota offers a comprehensive benefits package including:
Competitive wages, and paid holidays, vacation, and sick leave
Low cost medical, dental, and pharmacy plans
Health care and dependent daycare flexible spending accounts
Excellent retirement plans with employer match
Disability and employer paid life insurance
Wellbeing program with reduced insurance premiums
Tuition reimbursement opportunities covering 75%-100% of eligible tuition
Required qualifications (you must document all the required qualifications on your application materials):
Bachelor’s Degree in accounting plus at least four years of professional work experience in the field, or a combination of related education and work experience to equal eight years.
Excellent written and oral communication skills.
Excellent interpersonal skills.
Certified approver or Certified approver eligible.
Knowledge of public institutional accounting and finance.
Knowledge of generally accepting accounting practices and principles.
Knowledge of governmental policy and regulations regarding spending of research and training funds.
Able to stay current with up-to-date changes.
Knowledge of University systems such as PeopleSoft Enterprise Financial System, Electronic Grants Management System, Effort Certification Reporting Tool, and PeopleSoft HRMS.
Ability to use personal computer and software programs such as Excel, Adobe Acrobat and Word.
Able to use ten-key calculator, variety of printers, copiers, fax machines and other equipment required in a general office setting.
Internal Number: 337729
About University of Minnesota, Twin Cities
The University of Minnesota, founded in the belief that all people are enriched by understanding, is dedicated to the advancement of learning and the search for truth; to the sharing of this knowledge through education for a diverse community; and to the application of this knowledge to benefit the people of the state, the nation, and the world.